On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures.
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures.
Galoy, the startup behind the Bitcoin Beach Wallet, has made two announcements on August 3.....
The first announcement details that the company has raised $4 million from strategic investors in order to “advance bitcoin-native banking infrastructure.”
but the recent financing stemmed from Alphapoint, Valor Equity Partners, Timechain, Trammell Venture Partners.Galoy also stated that “other leading bitcoin investors” joined in on the funding round.
Galoy also revealed a new product called Stablesats. Galoy detailed in a blog post that the Stablesats product is one of the latest features to be added to the crypto payment platform.
About Galoy?
Headquarter: – Mountain View, California, United StatesGaloy is a payment solutions platform that offers lightning as a retail payment system.–
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